LAMPLIGHTER Capital Management

Lamplighter Capital Management is a state-registered independent investment adviser that manages discretionary portfolios for individuals, trusts, estates, charitable organizations, institutions and private investment partnerships; as of December 31, 2025 it reported roughly $1.97 million in managed assets across seven clients. The firm provides portfolio management and advisory services for separately managed accounts and private partnerships, with the ability for clients to impose investment restrictions in advance.

The firm follows a value-oriented, event-driven investment approach grounded primarily in fundamental security analysis, and may also consider technical and cyclical indicators when making decisions. Lamplighter uses a wide toolkit — including NPV/IRR and break-up analyses — and invests across equities, distressed and non-investment grade debt, derivatives, transactional situations and other instruments while exercising discretionary authority for most accounts.

A distinctive feature is that Lamplighter assesses performance-based fees for qualified clients in addition to standard AUM-based fees, and it discloses side‑by‑side management conflicts with an allocation policy intended to mitigate them. The combination of a very small, concentrated client base and the firm’s willingness to employ complex, event-driven and distressed strategies within a solo-advisor practice sets it apart from many peers.